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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Interest and fee income on finance receivables $ 14,064,000 $ 15,585,000 $ 28,215,000 $ 32,226,000
Unrealized gain on equity investments 45,000   45,000  
Total revenue 14,109,000 15,585,000 28,260,000 32,226,000
Expenses:        
Marketing 358,000 427,000 577,000 838,000
Salaries and employee benefits 4,798,000 4,718,000 8,950,000 9,539,000
Administrative 2,923,000 3,699,000 5,826,000 7,351,000
Provision for credit losses 3,050,000 4,000,000 6,350,000 8,385,000
Depreciation 52,000 83,000 121,000 170,000
Interest expense 1,569,000 2,298,000 3,218,000 4,786,000
Total expenses 12,750,000 15,225,000 25,042,000 31,069,000
Income before income taxes 1,359,000 360,000 3,218,000 1,157,000
Income tax expense 92,000 92,000 521,000 298,000
Net income $ 1,267,000 $ 268,000 $ 2,697,000 $ 859,000
Earnings per share:        
Basic (in dollars per share) $ 0.16 $ 0.03 $ 0.34 $ 0.11
Diluted (in dollars per share) $ 0.16 $ 0.03 $ 0.34 $ 0.11